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Updated over 10 years ago on .

User Stats

21
Posts
17
Votes
Bill Anderson
  • Commercial Real Estate Broker
  • Menifee, CA
17
Votes |
21
Posts

Gentlemans Ranch

Bill Anderson
  • Commercial Real Estate Broker
  • Menifee, CA
Posted

The property is located in the city of San Jacinto and consists of an 18.5 acre ranch, level land, there is a tentative map not completed for 70 homes. There was an offer to purchase the land at the peak of the real estate market for $6M that was turn down.

The property has had a recent appraisal for ARV of $1.7M with the tentative map not added to the value. Property was appraised by professional Mike Rogers who has appraised ranches like the Noah Beery ranch in the San Fernando Valley. Call Bill for details, to many to list. 951-326-5963 price $1,200,000, $95,000 repair cost at

contractor’s price. $405,000 profit potential.